Yes, Roark! But some people would have enjoyed being off the beaten path while yet still being close enough to everything and I think Ice2/Element would have been a great location for that which is why I think such projects were planned in that location to begin with, but still not desirable enough for enough "well-heeled" people.
Quantum, those "some people" that you are speaking about, are they real people or some theoretical idea that you are imagining. If the "some people" were real people, then they would have put deposits down, the buildings would have been financed and the buildings would have been built.
The pricing of ICE and Element was the same as Brickell. I appreciate your enthusiasm, but the reality is the location is sub par, and the market has voted.
Generally speaking, well heeled people do not want to live next door to people who are not.
of course, "well heeled" is a relative term, but for the prices that ICE/Element were offered, to afford a 2 bed 2 bath apartment at ICE would have to make $150k plus. Whether or not that counts as well heeled doesn't matter. There are not ENOUGH people that earn $150k per year that would choose Edgewater over Brickell/CBD/Miami Beach/etc. to make luxury accommodations in Edgewater north of Margaret Pace Park feasible.
Just a simple fact. If I'm wrong, then there would be buildings there now...the biggest boom in the last 5 decades occurred and Edgewater is still stagnent, those buildings that you are so certain of were not built in the most favorable development market of my lifetime. The proof is in the pudding.
My specific example is this....ICE wasn't built. Element wasn't built.
Can you give a concrete example to the contrary???
Roark, I know it's not your job, ^^ and it is not the job of any of us who comment on this web site. I was just asking your opinion and I get this. I'll know better next time.
Don't be so sensitive Q....I gave you a very specific answer to your question. Edgewater is great for Section 8 housing. There is plenty of it there now. There is also student housing for those attending the fine arts college.
If you don't like or are offended by the frank answer, then don't ask the question.